The Captains Chest - Naked Trading & Other Stuff

Post by **sympathy** » Wed Sep 02, 2015 12:48 pm

fahedksa » Wed Sep 02, 2015 1:33 pm wrote:Hi All,
Today i open trade on USDCHF 15M becuase we finished 3 up levels and we start down level , So after Asia session breakout above with 21 pips and after hours shaped M on top HOD but after i lost these trade and hit my SL.
Can you please explain to me if my entry wrong ?

UCHF/EU are coiling since yesterday so no setup for now. your levels are ok but fox is manipulating orders ok. lets wait till NY time and see if price will reset.

Post by **sympathy** » Wed Sep 02, 2015 1:10 pm

fahedksa » Wed Sep 02, 2015 5:35 am wrote:
sympathy » Tue Sep 01, 2015 4:40 pm wrote:
fahedksa » Tue Sep 01, 2015 12:36 pm wrote:Hi All,
Fistful am very grateful to all you guys here specially CJ for these great thread and help.
I am still reading all PDF and posts here but i have a question regarding EURUSD today
Today price break above Asia range more than 30 pips and form pins on top but i don't take these trade because i think we are now finish the down side and we looking to go long ,Can please anyone correct me ?
sorry for late reply bro. EU is doing his job well we are already at level 2 up. eyes open after the accumulation it extended up and trap longs then the fox moves to its path.

Thank you sympathy for your reply and help.
I want ask about level , If we have 3 down levels so we may have another up or down 3 levels after that or after 3 down levels we most have 3 up levels?
Another question:
If we in level 3 down trend and as we know its started with M (which in higher TF it's RRT) ,We will wait W developing to go in up trend .So,Is it matter if W developed in Asia session or usually its not happen there?

It depends on what fox is bringing out. sometimes after 3levels count they bring another 3levels count which is shorter than the first one but it will come as a retracement. after that they will bring another 3levels following the original direction. you just have to know when they will turn against us. thats our job.
After asian section wait for the pattern but make sure you are in level3 count in higher time frame

iamgotzaa · Post by **iamgotzaa** » Wed Sep 02, 2015 1:12 pm

Hi

I enter sell entry on UJ, is it second leg of M? I expect it to fall to 120.00

Post by **fahedksa** » Wed Sep 02, 2015 1:15 pm

Thank you all for your help.
Is it better to avoid trading level 2, As CJ mention that fox using and enter at level 1 and 3 only?

Post by **sympathy** » Wed Sep 02, 2015 1:26 pm

fahedksa » Wed Sep 02, 2015 2:15 pm wrote:Thank you all for your help.
Is it better to avoid trading level 2, As CJ mention that fox using and enter at level 1 and 3 only?

i have said it several times that i take trades from 1/3 levels count. sometimes from level2 but it require a little knowledge about the strategy. you have to understand 1/3 first.

Post by **sympathy** » Wed Sep 02, 2015 1:30 pm

iamgotzaa » Wed Sep 02, 2015 2:12 pm wrote:Hi

I enter sell entry on UJ, is it second leg of M? I expect it to fall to 120.00

i did not sell on that pair. am still on the buy side for now bcos i saw a pattern holding.

Post by **xrismak** » Wed Sep 02, 2015 3:17 pm

sympathy » Wed Sep 02, 2015 12:44 pm wrote: don't take levels on 5mins time frame. i don't even take on 15mins bcos they don't respect level count. hope your stoploss is wide.

Soulful Sympathy,

Well, that's the Concluding Part of the Trade,

USD-CAD Done Deal.....02-09-15 (a).jpg

the Results speaks for itself,

USD-CAD Done Deal.....02-09-15 ( b).jpg

I am Done with that Pair for the Moment,

USD-CAD Done Deal.....02-09-15 ( c).jpg

Now I am going out to Pop a Bottle of Wine with myself and myself alone.... hehehehehehehe, I am Very Stingy with My Wind Down Flex......I like to Wine & Dine alone with a Smile...

Happy Trading Folks,
xrismak

Post by **sympathy** » Wed Sep 02, 2015 5:18 pm

xrismak » Wed Sep 02, 2015 4:17 pm wrote:
sympathy » Wed Sep 02, 2015 12:44 pm wrote: don't take levels on 5mins time frame. i don't even take on 15mins bcos they don't respect level count. hope your stoploss is wide.
Soulful Sympathy,

Well, that's the Concluding Part of the Trade, the Results speaks for itself, I am Done with that Pair for the Moment, Now I am going out to Pop a Bottle of Wine with myself and myself alone.... hehehehehehehe, I am Very Stingy with My Wind Down Flex......I like to Wine & Dine alone with a Smile...

Happy Trading Folks,
xrismak

good xrismak

junglist00 · Post by **junglist00** » Wed Sep 02, 2015 10:48 pm

xrismak » Wed Sep 02, 2015 10:17 am wrote:
sympathy » Wed Sep 02, 2015 12:44 pm wrote:,

Well, that's the Concluding Part of the Trade, the Results speaks for itself, I am Done with that Pair for the Moment, Now I am going out to Pop a Bottle of Wine with myself and myself alone.... hehehehehehehe, I am Very Stingy with My Wind Down Flex......I like to Wine & Dine alone with a Smile...

Happy Trading Folks,
xrismak

Hi Xrismak
Please shed some light on level count, I have just read pdf for second time and have been following thread for a while ... however just really got time to spend on charts. looking at your usdcad 15 min chart you have a 3 Level count over 2 days ... based on what I have read for 15 min level based on 3 days of price rise/fall. Please if you could shed some light. I have attached a chart for same timeframe .. but only 2 levels ...

Thanks

Post by **xrismak** » Wed Sep 02, 2015 11:04 pm

junglist00 » Wed Sep 02, 2015 10:48 pm wrote:
Hi Xrismak
Please shed some light on level count, I have just read pdf for second time and have been following thread for a while ... however just really got time to spend on charts. looking at your usdcad 15 min chart you have a 3 Level count over 2 days ... based on what I have read for 15 min level based on 3 days of price rise/fall. Please if you could shed some light. I have attached a chart for same timeframe .. but only 2 levels ...

Thanks

Junglist 00,

You are indeed Right, my Level 3 is Officially the 2nd Level on the M15, but for the Purposes of Wanting to Take my Profit and Run away with what I have taken off the Fox it's Level 3 for me.... I Trade A Live Account even though it's A Micro Account, let's Remember that it's my Coins on the Line here and I SPECULATE 2 ACCUMULATE, if it were a Demo Account then I would be Still be in the Trade not minding the Draw down or in some cases A Loss....

Happy Trading Y'all,
xrismak